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The big picture - July 2016

Paystream News

Paul Malley

Wednesday 27th Jul, 2016

For some time now there has been a spotlight shone on IR35, which is the legislation that was initially introduced to consider the underlying nature of your working relationship with a client. HMRC launched a consultation in May 2016 to consider the use and application of IR35 in the public sector.

This newsletter discusses this consultation in more detail however the headline is, should this consultation take effect, individuals working in the public sector who are found to be inside IR35 will have effectively to pay the same level of tax and NIC as a permanent employee. The consultation ends on the 18th of August, but conversations will continue to run into September, so watch this space for more updates.

This month's newsletter also takes an in-depth look at the world of umbrella expenses following the implementation of the T&S legislation earlier this year.

And finally, over the past few months we have spent time pulling together the results from our latest limited company customer satisfaction survey and are again delighted to have received an excellent response, details of which are shared in this month's newsletter. I'd like to thank all of our contractors for taking the time to complete the survey as your feedback is invaluable to us as it not only allows us to assess how we are performing but it also provides an insight into what you want in a service provider and where possible we will look to implement these suggestions.

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